Smart Mattress Market to hit USD 2.3 billion by 2032, says
From GlobeNewswire: 2024-11-13 06:30:00
The smart mattress market was valued at USD 1.6 billion in 2023 and is projected to grow at a CAGR of 3.7% from 2024 to 2032. Smart mattresses offer adjustable firmness, temperature control, and sleep tracking features to optimize sleep quality and cater to the increasing consumer focus on health and wellness.
Foam mattresses accounted for 47% of the market share in 2023 and are expected to reach USD 1 billion by 2032. They are well-suited for integrating smart technology due to their design, making them a cost-effective and popular choice in the market.
The residential segment led the smart mattress market in 2023, capturing 83% of the share and is expected to reach 84% by 2032. Consumers are increasingly investing in smart mattresses for features like sleep tracking and personalized adjustments to enhance their sleep quality.
North America dominated the global smart mattress market in 2023, with a market share of around 43% and is projected to reach USD 1 billion by 2032. The region’s quick adoption of new technologies and innovative products drives the demand for smart mattresses among tech-savvy consumers.
Major players in the smart mattress market include Amerisleep, Casper Sleep Inc., Eight Sleep, and others. Global Market Insights Inc. offers research reports and growth consulting services to aid strategic decision-making in key industries like technology and renewable energy.
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